Avon Rubber plc Upgraded to Add at Investec (AVON)
Avon Rubber plc (LON:AVON) was upgraded by stock analysts at Investec to an “add” rating in a report issued on Monday, Analyst Ratings Net reports. The firm currently has a GBX 660 ($10.88) price objective on the stock, up from their previous price objective of GBX 560 ($9.23). Investec’s target price would indicate a potential upside of 6.88% from the stock’s previous close.
AVON has been the subject of a number of other recent research reports. Analysts at Nplus1 Brewin initiated coverage on shares of Avon Rubber plc in a research note to investors on Tuesday, December 10th. They set a “buy” rating and a GBX 682 ($11.24) price target on the stock. Analysts at N+1 Singer initiated coverage on shares of Avon Rubber plc in a research note to investors on Tuesday, December 10th. They set a “buy” rating and a GBX 682 ($11.24) price target on the stock. One analyst has rated the stock with a hold rating and four have issued a buy rating to the company. Avon Rubber plc presently has an average rating of “Buy” and a consensus target price of GBX 618.80 ($10.20).
Shares of Avon Rubber plc (LON:AVON) opened at 614.40 on Monday. Avon Rubber plc has a 1-year low of GBX 360.00 and a 1-year high of GBX 624.50. The stock has a 50-day moving average of GBX 583.8 and a 200-day moving average of GBX 522.2. The company’s market cap is £181.1 million.
Avon Rubber p.l.c is engaged in the design, and manufacture of respiratory protection products for defense, first responder and industrial users.
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